NoBroker

Unicorn proptech startup NoBroker has raised USD 5 million from technology major Google as part of its expansion plan. NoBroker has bagged funding from Google, which joins existing investors General Atlantic, Tiger Global and Moore Strategic Ventures in its Series E round, the Bengaluru-based firm said in a statement. In November 2021, NoBroker.com raised USD 210 million from investors, including General Atlantic and Tiger global to expand its business across 50 cities. The Series E funding round was led by General Atlantic, Tiger Global Management and Moore Strategic Ventures. NoBroker platform helps in renting, buying, selling, home services, financial services to society management services through NoBrokerHood. "One of the key areas where we will leverage this partnership will be to build unique solutions that help simplify the lives of the residents of NoBrokerHood societies. Our objective is to aggressively grow and reach 1 lakh societies in the next few years," said Akhil ..

With this, Google joins existing investors General Atlantic, Tiger Global and Moore Strategic Ventures; tech giant will also collaborate with NoBroker to enhance overall user experience

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The Series E funding round was led by General Atlantic, Tiger Global Management and Moore Strategic Ventures

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Both firms have been backed by Tiger global

Ranging from rental, sale, or resale, to post transaction services like loans, packers and movers, legal documentation, online rent payment, interiors, NoBroker offers a bouquet of real estate service

The firm claims to have more than 2.5 million properties registered on its platform

NoBroker, which began with an idea as simple as its name, is now working to bring down hefty deposits demanded by landlords, apart from offering a host of other conveniences

This takes the total funding raised by the site to about Rs 89 crore